30-10-2014 23:52:00 | by: Administrator | hits: 22110199 | Tags:

IFC partners with Al Baraka Bank Egypt to support Small and Medium Enterprises in Egypt
06-12-2023 | 07:18:42
IFC announced a partnership with Al Baraka Bank Egypt to increase access to finance for micro-, small- and medium-sized enterprises (MSMEs) in Egypt, including women-owned businesses, helping catalyze economic activity and job creation in the country.
Telecom Egypt selects Raya Information Technology to implement the second phase of the Regional Data Hub
05-12-2023 | 10:15:00
Telecom Egypt has selected Raya Information Technology (Raya IT), a subsidiary of Raya Holding for Financial Investments, to implement the second phase of Telecom Egypt’s Regional Data Hub (RDH).
Marriott International and Palm Hills Developments sign agreement to open the Ritz-Carlton Cairo, Palm Hills in Egypt
05-12-2023 | 09:39:00
Marriott International, Inc. Has announced it has signed an agreement with Palm Hills Developments to open The Ritz-Carlton Cairo, Palm Hills, signaling a commitment to strengthening its portfolio of properties across the company’s luxury brands in Egypt.
Swiss-Israeli fintech startup Okoora spearheads European expansion with new Cyprus branch
04-12-2023 | 10:14:00
Swiss-Israeli fintech startup Okoora has opened a new branch in Limassol, Cyprus. These new European offices will support the organization’s push to obtain an EMI (Electronic Money Institution) license, which will assist it in facilitating incoming and outgoing electronic payments within EU countries
Mastercard and Societe Arabe Internationale De Banque collaborate to drive digitization of payments in Egypt
29-11-2023 | 09:00:00
Through this partnership, saib has selected Mastercard as its partner to diversify its product portfolio, and provide a wider range of financial services to small and medium-sized businesses (SMEs).
UNIDO and Orange partner to transform Egypt's mobile and network through circular solutions
28-11-2023 | 12:47:36
The United Nations Industrial Development Organization (UNIDO) and Orange have joined forces to support over the next two years the establishment of a viable business model for high-quality standard secondary market of mobile devices and networks/IT equipment in Egypt.
Sustainable AgTech - Redsea appoints Bruno De Oliveira VP East Africa & Egypt
23-11-2023 | 13:33:00
RedSea, the sustainable Agri Climate Tech business whose pioneering technology advances commercial farming in hot climates globally has appointed Bruno De Oliveira as VP East Africa & Egypt.
Mastercard and Industrial Development Bank advance digital transformation in Egypt
23-11-2023 | 07:00:00
Through this partnership, IDB and Mastercard will collaborate to enhance the bank’s offering through providing its customers with a comprehensive portfolio of innovative solutions across its credit, debit and commercial card proposition.
Afreximbank awarded “Sustainable Deal of the Year” for pioneering the Liquidity and Sustainability Facility
22-11-2023 | 11:30:00
The African Export-Import Bank (Afreximbank) has been recognised with a much-coveted “Sustainable Deal of the Year” award for its pioneering work in the establishment and development of the Liquidity and Sustainability Facility (LSF), a vehicle that seeks to increase liquidity and demand for Eurobonds issued by African Sovereigns.
CIF in building the most important financial center for the Middle East
22-11-2023 | 11:00:00
Cairo International Financial Center to be the most important financial center and the primary platform for venture capital funds in the Middle East.
Paystack has expanded to Côte d’Ivoire, Egypt and Rwanda
20-11-2023 | 09:00:00
Paystack, a popular African payment provider, has expanded and launched early access programs across Côte d’Ivoire, Egypt, and Rwanda after receiving governments' authorization.
Payments fintech firm Cellulant expands MENA operations with new Egypt payment licenses
16-11-2023 | 19:02:00
Adding these licences strengthens Cellulant’s operations in Africa, where it has the most comprehensive payment infrastructure, integrating over 370 payment methods, operating in 35 markets with licences and physical offices in 19 countries.
Egypt and India explore local currency settlements to strengthen economic ties
16-11-2023 | 06:15:00
Egypt and India have signed bilateral cooperation between the two countries that will help confront global economic challenges.
Afreximbank launches Intra-African EPC Contract Promotion Programme as IATF2023 hosts Presidential Summit
16-11-2023 | 06:00:00
The African Export-Import Bank (Afreximbank) in Cairo launched a new initiative that will open doors, allowing African contractors to capitalize on various infrastructure investments available across the continent.
AFC supports the Egyptian Government as Re-Guarantor on JPY75 billion Samurai Bond Issue
15-11-2023 | 07:15:00
Africa Finance Corporation (AFC), the continent’s leading infrastructure financier and solutions provider announced its support to the Arab Republic of Egypt as a Re-Guarantor on a private placement offering of JPY 75 billion, 5-year, Samurai bonds.
Volkswagen signs agreement with Government of Egypt for strategic co-operation viability study of shared automotive painting facility
14-11-2023 | 17:05:00
Volkswagen and Government of Egypt have signed an agreement to work together to develop a feasibility study on a shared automotive painting facility within the East Port Said Industrial Zone in the East Port Said Automotive Zone in Cairo.
Afreximbank records deals worth about US$1 billion as IATF2023 continues
13-11-2023 | 20:45:00
As Intra-African Trade Fair (IATF2023) continues with attendees witnessing the signing of financing and other agreements valued in excess of one billion dollars between the African Export-Import Bank (Afreximbank) and several leading business entities from across the continent.
Egypt signed MoU for swap programs worth $730 million with China
27-10-2023 | 07:00:00
120 projects have been & are being implemented with bilateral development partners through debt swap programs worth $730 million In Egypt.
EBRD supports copper cable manufacturer in Egypt
25-10-2023 | 07:15:00
EBRD provides US$ 50 million loan to the Egyptian copper rods manufacturer UMC, a subsidiary of Elsewedy Electric group.
IFC and Banque Misr partner to increase access to finance for small and women-owned businesses in Egypt
18-10-2023 | 13:11:56
IFC's $234 million loan to Banque Misr will catalyze job creation in Egypt through its focus on providing financing to micro and small businesses, which employ the vast majority a of Egypt's private sector workforce and are the most important source of job creation in the country.
Egypt issues Africa’s first Sustainable Panda Bond worth $478 million backed by AfDB and AIIB
18-10-2023 | 12:55:10
The African Development Bank and the Asian Infrastructure Development Bank provided partial credit guarantees to support the issuance, paving the way for other African countries to access fast-growing Chinese debt capital markets.
Customer experience and tech firm IntouchCX enters Egyptian market
13-10-2023 | 10:00:00
This is the second global footprint expansion for IntouchCX in 2023. In February, the Company expanded its operations to Kuala Lumpur, Malaysia.
AfriSummit 2023: African Health Authorities, Industry Leaders Convene to Explore Pharma Regulations and Innovations
12-10-2023 | 08:00:00
Leading healthcare authorities and industry experts converged at the AfriSummit 2023, a pivotal 4-day hybrid event dedicated to exploring the latest developments in pharmaceutical and medical device regulations’ advancements in the healthcare supply chain across the African continent.
Telecom Egypt and 4iG sign an MoU to construct a high-capacity subsea cable between Egypt and Albania
10-10-2023 | 10:06:11
It represents a qualitative addition to the existing Mediterranean routes, connecting to the main internet points of presence (PoP) in Europe such as the ones in Budapest, Vienna, and Frankfurt, in addition to numerous potential PoPs in Eastern Europe.
VC firm 500 Global, ITIDA announce first batch of scale up programme in Egypt
10-10-2023 | 09:50:34
Designed to empower founders through personalised mentorship and growth techniques, the program sets the stage for their future success.
Telecom Egypt signs deal with Medusa Submarine Cable System to extend submarine cable to the Red Sea
05-10-2023 | 10:23:30
The 8,760 km long submarine cable, which will land in the Egyptian city of Port Said by the end of 2025, will be connected to the Red Sea landing stations of Suez, Zafarana, and Ras Ghareb through Telecom Egypt’s extensive terrestrial crossing network.
Telecom Egypt launches digital platform for connecting subsea cable systems and networks
27-09-2023 | 10:54:22
Telecom Egypt, Egypt's first integrated telecom operator and one of the largest subsea cables operators in the region, has launched its new WeConnect ecosystem, providing agile access to Egypt's extensive subsea cable infrastructure.
IFC and Kandil Steel partner to boost sustainable flat steel processing in Egypt
26-09-2023 | 14:23:19
IFC has announced a partnership with Egypt's Kandil Steel to support the company's operational and financial resilience, support private sector jobs, and help it reduce its carbon emissions.
SODIC expands in Egypt with the addition of two luxury hotels
15-09-2023 | 14:46:28
Underpinned by SODIC's extensive expertise and reputation, Nobu's introduction into Egypt will anchor two of SODIC's developments – Cairo in the New Zayed area and a coastal development on the North Coast.
Afreximbank signs land acquisition agreement for African Trade Centre in Egypt’s new administrative capital
05-09-2023 | 13:32:04
African Export-Import Bank (Afreximbank) has signed a formal agreement for the acquisition of land for the New Administrative Capital African Trade Centre (NAC-ATC), which will house the Bank's headquarters.
South African outsourcing company SoluGrowth opens office in Egypt
01-09-2023 | 13:29:06
SoluGrowth is the first South African outsourcing company to invest in Egypt joining a long list of key outsourcing players betting big on Egypt's value proposition as a hub for global delivery centers.
Mastercard and Ingiz launch partnership to boost financial inclusion among Egyptian youth
30-08-2023 | 09:22:55
Mastercard has announced a strategic partnership with Ingiz, a family financial management start-up in Egypt supported by Masria Digital Payments, to launch a cutting-edge digital payments application designed to drive financial literacy and inclusion among Egypt’s youth.
PWC unveils $10 million innovation centre in Egypt
29-08-2023 | 12:27:52
Through ETIC, PwC seeks to foster innovation, application and provision of digital solutions in key areas, such as cloud services, data analytics, and cybersecurity, in the Egyptian market and export them to PwC clients in the Middle East and Europe markets.
ACWA Power signs deal with NREA for 10 gigawatts wind project in Egypt
28-08-2023 | 14:30:00
ACWA Power, a Saudi-listed company and the world's largest private water desalination company, the first mover into green hydrogen, and a player in energy transition, has signed a memorandum of understanding (MoU) with the New and Renewable Energy Authority (NREA) to allocate land for a 10 GW wind project in Egypt.
Egypt data market to witness investments worth $365 million by 2028, report
28-08-2023 | 14:00:00
The Egypt data center market size witnessed investments of $139 million in 2022 and is projected to witness investments of $365 million by 2028, growing at a Compound Annual Growth Rate of 17.46 per cent according to the recent report by Research and Markets.
Iveda partners with AOI to support and smart city developments in Egypt
23-08-2023 | 12:46:18
Iveda, the global solution for cloud-based AI video and sensor technologies, has announced a new partnership with The Arab Organization for Industrialization (AOI) to support and scale smart city developments in Egypt.
UNDP, ITIDA launch new project to accelerate digital innovation in Egypt
16-08-2023 | 11:45:00
The United Nations Development Programme (UNDP) and the Information Technology Industry Development Agency (ITIDA) affiliated to the Ministry of Communications and Information Technology, have signed a new project agreement in Cairo's Smart Village.
Swiss-Israeli fintech Okoora fuels Paysend's Israeli market entry
07-08-2023 | 14:44:38
Okoora, the Swiss-Israeli fintech startup has partnered with Paysend to enable the global payments platform and card-to-card payments pioneer to enter the Israeli market.
ITIDA and 500 announce scale up programme in Egypt to support pre-Series A startups
20-07-2023 | 13:03:11
The Scale Up program is focused on providing strategies and experimentation methodologies to accelerate growth for Pre-Series A startups in Egypt.
Egyptian fintech Flash raises $6 million seed round
17-07-2023 | 11:13:00
Flash, Egypt’s new cashless payments app, has raised $6 million seed round to accelerate its product development and customer and business acquisition in the country.
Fintech startup Okoora and MAX partner to deliver comprehensive currency solutions
10-07-2023 | 14:40:00
Swiss-Israeli fintech startup Okoora has announced a strategic alliance with MAX, a leading Israeli credit card company to revolutionize the field of foreign exchange
Radisson Hotel Group debuts its luxury brand in Egypt
20-06-2023 | 11:04:00
Radisson Hotel Group announces the signing of Radisson Collection Resort, Marsa Alam Port Phoenice in Egypt.
WFP and Coca-Cola Foundation to promote sustainable agriculture and green energy in Egypt
16-06-2023 | 13:43:41
The United Nations World Food Programme (WFP) in Egypt and The Coca-Cola Foundation, have signed an agreement to promote sustainable agriculture & green energy among farmers and rural communities in Luxor.
Afreximbank provides Egypt’s CIAF leasing with US$44 million Aircraft Financing Facility
14-06-2023 | 17:46:00
The African Export-Import Bank (Afreximbank) has provided Egypt-based CIAF Leasing with a US$44-million aircraft financing facility for the acquisition of three Embraer E-190 aircraft to strengthen the company’s leasing operations.
AFC’s Lekela Power wins Equity Deal of the Year at the African Banker Awards
08-06-2023 | 12:49:53
Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has received the Deal of the Year – Equity award at the just concluded African Banker Awards 2023 ceremony in Sharm El Sheikh, Egypt.
Cairo named new venue for 3rd Intra-African Trade Fair
31-05-2023 | 10:58:43
The Egyptian capital city of Cairo has been announced as the new host of the third Intra-African Trade Fair (IATF2023) which will now take place from 9 to 15 November 2023.
GoGlobal expands presence in Africa with local offices in 18 countries
30-05-2023 | 10:42:00
GoGlobal, a leading Employer of Record (EOR) is expanding its global footprint with the launch of on-the-ground offices in 18 African countries.
Xylem launches international pump manufacturing site in Egypt
25-05-2023 | 05:15:00
Xylem, the global water technology provider, and its regional partner, the Tiba Manzalawi Group, have announced the launch of its new joint-venture manufacturing site, the Xylem Egypt Plant, that will provide world-class water solutions and brands to the region.
More funds for Côte d'Ivoire and Egypt by ITFC
15-05-2023 | 11:41:00
ITFC Signs Six Agreements Totaling US$101 Million with Côte d'Ivoire, Egypt, Uzbekistan, and KSA.
2Africa Subsea Cable Segment in Egypt completed with port said landing
12-05-2023 | 11:38:24
Within its continuous efforts to enhance its value proposition, Telecom Egypt, Egypt’s first integrated telecom operator and one of the largest subsea cables operators in the region, announces the recent successful landing of the 2Africa subsea cable in Port Said.
Kazyon attracts $165 million investment from DPI-led consortium
11-05-2023 | 10:52:00
Egypt’s leading discount grocery retailer, Kazyon, attracts $165 million investment from a DPI-led consortium to fuel continued growth and regional expansion
Khazna Data Centers and Benya Group to invest $250 million to build a giant data center in Egypt
10-05-2023 | 07:55:51
Khazna Data Centers Plans to Enter Egypt with Benya Group to Set Up the country’s first hyper-scale data center in Maadi Technology Park with a total investment of USD 250M
Proparco soutient les startups égyptiennes en investissant dans DisrupTech Ventures
08-05-2023 | 16:29:00
Proparco investit dans un fonds de capital-risque géré par DisrupTech Ventures, afin de soutenir les startups fintech égyptiennes et d’élargir l’accès aux services financiers dans le pays.
LogRhythm partners with eFinance to strengthen Egypt’s digital payment security ecosystem
08-05-2023 | 08:38:00
LogRhythm has partnered with eFinance to rapidly detect and mitigate threats in Egypt’s digital payment security ecosystem with LogRhythm SIEM, LogRhythm’s security information and event management (SIEM) solution.
Mastercard partners with Egyptian Banks to support implementation of tokenization regulations
04-05-2023 | 12:28:58
Mastercard’s continuous efforts are aligned with the Egyptian government’s vision and strategic objectives by promoting access to electronic payments, capitalizing on technological innovation and efficiency to drive financial inclusion and achieve sustainable and economic growth.
Autochek acquires majority stake in Autotager
20-04-2023 | 09:41:25
Nigeria-based car financing platform Autocheck, has acquired a majority stake in Egypt's used cars marketplace, AutoTager, which was founded in 2021 by Amr Rezk.
Nigeria’s Autochek acquires majority stake in Egypt’s car-cuying platform AutoTager
20-04-2023 | 06:26:00
Nigerian automotive technology company Autochek has acquired a majority stake in AutoTager, an Egyptian automotive technology company that makes it easier to find and buy cars.
[Egypt] Kaf Insurance picks DXC Technology to drive its digital transformation
12-04-2023 | 14:52:10
In a ten-year contract, DXC will enable Kaf to provide a seamless digital experience for its current two million policyholders and new customers.
Marcyrl attracts new investment from DPI and Amethis
06-04-2023 | 13:33:00
The new investment is set to drive innovation and help expand access to specialty drugs across Africa.
Telecom Egypt announces changes to board structure and executive management
29-03-2023 | 09:40:39
Telecom Egypt has announced that Eng. Mohamed Nasr Eldin Mohamed Ali has been appointed as Managing Director and CEO of the company to succeed Eng. Adel Hamed Ibrahim Gadallah.
IFC partners with Egypt’s Commercial International Bank in managing climate risk, boosting sustainability
28-03-2023 | 09:42:00
The advisory project will include an initial portfolio screening against climate risk and the development of scenario planning and stress testing methodology for CIB, a long-term IFC partner.
Millennials will lead global ecommerce spending in 2023, study
28-03-2023 | 09:35:06
Millennial consumers prefer online versus in-store shopping, according to new data released today by ESW, the world’s leading global direct-to-consumer (DTC) ecommerce company.
Food tech company GrubMarket expands into Egypt
28-03-2023 | 09:32:32
These developments represent GrubMarket's underlying commitment to building a robust, global supply chain for high-quality, fresh produce.
Liquid Intelligent Technologies acquires Egyptian cloud and cyber security provider Cysiv MEA
23-03-2023 | 09:09:39
The acquisition allows the London-based group with operations in Africa, UK, the US and Latin America, to bring some of the best global cloud and cyber security products to the Egyptian market.
Egypt and Marriott power hotel development in Africa
22-03-2023 | 11:35:00
North Africa continues to dominate the pipeline, with Egypt far ahead. It alone numbers 21% of the hotels and 30% of the rooms being planned or built on the entire continent.
almentor secures a $10mn investment round led by e& capital for its expansion
20-03-2023 | 10:27:00
almentor secures a $10mn investment round led by e& capital to bridge the education gap for 10 million Arabic speakers.
Hutchison Ports invests $700 million in Egypt’s ports
20-03-2023 | 05:15:00
The total investment of the two projects is approximately $700 million, bringing Hutchison Ports’ total investment in Egypt to over US$1.5 billion and paving a solid foundation for the company's strategy to expand its network and enhance its capabilities in emerging markets.
Mastercard extends partnership with Banque Misr to enhance digital payments portfolio in Egypt
15-03-2023 | 08:30:33
Building on their successful strategic collaboration, Banque Misr, signed a long-term cooperation agreement partnership with Mastercard to provide the bank with the latest digital payment technology to provide new products, services and innovative solutions to customers, from all segments, and to support digital solutions with advanced and competitive advantages.
[ChatGPT Biography] Samih Sawiris, Founder of Orascom Development
14-03-2023 | 14:57:03
Artificial Intelligence is taking the world by storm. As an experiment, Africa Business Communities is publishing a series of 100 biographies of the most successful entrepreneurs in Africa. We only ask the questions and let ChatGPT write.
[Nigeria Business Week] Andrea Ayemoba: Local fintech spreads to East Africa, oil and gas find major milestone
14-03-2023 | 14:56:47
Nigeria, like other countries of the world, is going through some economically turbulent times. Inflation is on the rise (recently pegged at 21.9%) and local startups are directly impacted by financial crises on the other side of the world.
Africa Business Communities Forum: Quels seront les pays Africains plus performants sur le plan économique en 2022?
14-03-2023 | 14:56:46
Africa Business Communities s'est entretenu avec plusieurs entrepreneurs et fondateurs au cours des premiers mois de l'année, et ils ont voté pour déterminer quels pays africains seront les plus prospères en 2022.
African Business Roundtable, Afreximbank organize free webinar masterclass, September 28
14-03-2023 | 14:56:39
In continuation of the series of webinars that has been ongoing throughout the year, the African Business Roundtable and the African Import Export Bank (Afreximbank) are set to hold yet another webinar on capacity building and investor preparation.
L'African Business Roundtable et Afreximbank organisent un séminaire en ligne gratuit le 28 septembre
14-03-2023 | 14:56:39
Dans la continuité de la série de webinaires qui s'est déroulée tout au long de l'année, l'African Business Roundtable et la Banque Africaine d'Import-Export (Afreximbank) vont organiser un autre webinaire sur le renforcement des capacités et la préparation des investisseurs.
[Nigeria Business Week] Andrea Ayemoba: Persistent shortages and inflation call for new measures
14-03-2023 | 14:56:04
Africa has in the past decade positioned itself as a knowledge economy, with one of the most robust startup ecosystems in the world.
[Column] Toufik Khitous: How Egypt bets on renewables to meet expected energy demand surge
14-03-2023 | 14:54:56
To meet its soaring demand for energy, Egypt is turning to renewable sources. Its targets, if accomplished, will see it become a pioneer in the African energy landscape. But are the plans realistic?
[Interview] Walid Amer, Partner & Senior Associate, Elevate Business Consulting, Egypt
14-03-2023 | 14:54:30
Walid Amer is an experienced Certified Management Accountant with proven leadership expertise in assisting others in understanding the instrumental role finance data plays in improving business processes.
[Startup Interview] Radwa Khairy, Founder, Talents Fit, Egypt
14-03-2023 | 14:54:25
Radwa Khairy has over a decade's worth of experience in the Human Resources, Hospitality and Travels fields. In December 2018, she founded Talents Fit, a recruitment platform servicing human resourcing and employment needs in Egypt.
[Column] Michael Arum: Sugar industry faces exacerbated decline and extinction on proposed regulations in Kenya
14-03-2023 | 14:54:12
Kenya’s sugar industry has many natural advantages, almost all of which have been undermined by policy and public mismanagement that has seen its productivity slump.
The Africa 2018 Forum | 8-9 December 2018 | Sharm El Sheikh | Egypt
14-03-2023 | 14:53:29
Greater economic integration through increased investment flows into Africa
3rd Underground Infrastructure and Deep Foundations Egypt Conference | Cairo, 22 February 2018
14-03-2023 | 14:52:09
As Egypt embarks on a massive infrastructure expansion drive to stabilise and expand its economy, underground and deep foundations works represent an essential element of preparation
[Interview] Wael Rashidy, Founder & Business Mentor, Guiders Consult, Egypt
14-03-2023 | 14:51:29
Wael Rashidy is an accredited SME Business Consultant from the Association of Accredited Small Business Consultant, USA, member of Egyptian Junior Business Association, International Council for Small Business, and Middle East Council for Small Business and Entrepreneurship.
Egypt ranks 14th in 2017 Global Cybersecurity Index, 2nd among Arab States
14-03-2023 | 14:51:21
Egypt has achieved a high ranking in the 2017 Global Cybersecurity Index, coming 14th out of 165 countries and second among the Arab states.
Increased Infrastructure, Labour-Intensive Manufacturing Key to Africa’s Industrial Competitiveness - Afreximbank President
14-03-2023 | 14:51:06
"At this stage, it might be better to import fabrics and transform them into garments or to produce and assemble other labour-intensive light-manufacturing goods rather than processing raw materials in a way that may not enable Africa to compete globally”.
Telecom Egypt partners with IBM to adopt intelligent automation technologies
14-03-2023 | 06:15:00
Telecom Egypt (TE), a network operator in Egypt announced that they are working with IBM to adopt intelligent automation technologies to implement an umbrella solution for all its operations support systems (OSS) on mobile, fixed, and core networks.
Orange and ACUD select Nokia’s software solutions to build smart capital city in Egypt
08-03-2023 | 11:42:13
Nokia AVA products, including its operations and monetization software, will be used by the Administrative Capital for Urban Development of Egypt (ACUD) to enable customers to order, activate and pay for utilities and data center services.
Mastercard partners with National Bank of Egypt to digitize Egyptian economy
08-03-2023 | 09:26:13
Through this collaboration, Mastercard and NBE will offer best-in-class digital payment solutions that will help bring more unbanked and underbanked into the formal economy.
Egypt becomes first North African shareholder in Africa Finance Corporation
07-03-2023 | 11:04:42
Egypt has joined Africa Finance Corporation, the continent’s infrastructure solutions provider, as the first North African sovereign shareholder, further diversifying AFC’s expanding equity investor base.
ITIDA and Egyptian Commercial Services partner to promote Egypt IT sector
24-02-2023 | 09:05:00
The meeting discussed bilateral cooperation opportunities between ITIDA and ECS' offices overseas, aiming at increasing Egypt's IT offshoring (ITO) and business process outsourcing (BPO) services exports.
Flutterwave to expand in Northern Africa starting by Egypt
22-02-2023 | 11:22:06
Flutterwave, Africa’s leading payments technology company, has announced that it has received its Payment Services Provider and Payments Facilitator licenses in Egypt.
Gameball to announce $3.5 million seed round for international expansion
16-02-2023 | 11:55:00
Founded in 2020 by Ahmed Khairy, Ahmed El Assy and Omar Alfar, Gameball is a customer intelligence and marketing CRM platform that helps consumer brands create personalised engagement with customers and monetise their customer base.
Cross Switch acquire 50% stake in Vantage Payment Systems
16-02-2023 | 10:33:53
Cross Switch and Equity Invest bring together decades of experience growing successful technology businesses, specifically in the financial technology sector.
Mastercard partners with Copal to launch Egypt’s first family payments mobile application
15-02-2023 | 12:01:12
This seamless solution aims to further drive financial inclusion in the country through the integration of underbanked youth into the formal economy.
Flutterwave receives regulatory approval to operate in Egypt
13-02-2023 | 13:57:39
Flutterwave, the Nigerian fintech company has obtained licenses to operate in Egypt as a payment service provider.
Abdourahmane Diaw nommé chef de bureau pays pour l’Égypte de la Banque Africaine de Développement
13-02-2023 | 11:48:00
Abdourahmane Diaw nommé chef de bureau pays pour l’Égypte est de nationalité sénégalaise, M. Diaw compte plus de 28 années d’expérience dans la mise en œuvre de programmes et de projets de développement.
7 African Startups to receive $385k in developing solutions for blue economy
13-02-2023 | 11:38:00
Climate resilience venture launcher Triggering Exponential Climate Action (TECA) has announced the selection of seven startups to each receive $55,000 in funding to advance their solutions for the blue economy in Africa.
After Ghana Office opening, Network International introduces direct to merchant payments acceptance in Egypt
13-02-2023 | 08:28:00
Launch under new ‘networkpay’ brand to boost digital payment acceptance & financial inclusion in Egypt.
Saudi Arabia-based HR tech platform, Palm.hr raises $5 million to expand across MENA
13-02-2023 | 07:38:00
Palm.hr, a Saudi Arabian HR firm has secured $5 million in a pre-Series A round. The new funding will facilitate expansion into Egypt and other countries in the Middle East and North Africa(MENA) region.
Healthtech Yodawy bags $16M to expand into emerging markets
09-02-2023 | 19:34:00
Egypt’s digital healthcare startup Yodawy has raised $16 million in a Series B funding round co-led by Delivery Hero Ventures and Global Ventures, bringing its total funding to $24.5 million,
Flutterwave expands into North Africa with new Egypt payments licenses
09-02-2023 | 08:45:52
Flutterwave, Africa's payments technology company, has announced that it has received its Payment Services Provider and Payments Facilitator licenses in Egypt.
Radisson Hotel Group delivers strong growth in 2022 through its 9 relevant brands
02-02-2023 | 13:29:14
In 2022, Radisson Hotel Group continued to drive forward its ambitious expansion plan to be one of the top three hotel groups in the world with its strong portfolio of nine distinct brands and its growing resorts portfolio.